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FCC Print Form A FOUNDATION OF PHILANTHROPIC FUNDS 520 Eighth Avenue, 20th Floor New York, NY 10018 Tel:212-714-0001 Toll Free:888-GIVE-FJC Fax:212-714-0303 E-mail:FCC.org FCC COLLECTIVE GIVING LETTER
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What is collective giving fund letter?
The collective giving fund letter is a document that provides information about a collective giving fund and its activities. It is used to report the fund's financial information and ensure compliance with tax regulations.
Who is required to file collective giving fund letter?
Collective giving funds that meet certain criteria, such as receiving contributions from multiple donors and distributing funds to qualifying organizations, are required to file the collective giving fund letter.
How to fill out collective giving fund letter?
To fill out the collective giving fund letter, you need to provide details about the fund's activities, financial statements, contributions received, distributions made, and any other required information. This information can be submitted electronically or by mail.
What is the purpose of collective giving fund letter?
The purpose of the collective giving fund letter is to enable the Internal Revenue Service (IRS) to assess the fund's compliance with tax regulations and ensure that it is operating for charitable purposes. It also provides transparency to donors and the public about the fund's activities and financial status.
What information must be reported on collective giving fund letter?
The collective giving fund letter typically requires reporting on the fund's financial activities, including contributions received, distributions made to qualifying organizations, administrative expenses, and any other relevant financial information. It may also require information on the fund's governance and operations.
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